2024-08-25 05:50:08
Business
Companies
Chipotle's Future Amid CEO Departure to Starbucks
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fool
Finance
Economy
Chipotle CEO Brian Niccol leaving for Starbucks; Starbucks facing issues with US sales, China market, high prices, long wait times, and lack of staffing; Chipotle has better expansion, pricing power, same-store sales growth, and international opportunities than Starbucks.
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What Should Chipotle's Shareholders Do Now That Its CEO Is Leaving for Another Job?
Economy
Finance
Chipotle CEO Brian Niccol leaving for Starbucks, who is willing to pay up to $113 million to lure him away; Chipotle's profit margins improved under Niccol, with restaurant-level operating margin surging to 29%; Chipotle opened over 1,000 new locations and its earnings per share up over 700% since 2018 under Niccol; Chipotle expects margins to drop to 25% as it increases portion sizes; Chipotle's interim CEO is COO Scott Boatwright; Perception among consumers that Chipotle portions are getting..
Kinh doanh - VnExpress
Tân CEO Starbucks sẽ đi làm bằng máy bay riêng
Economy
Environment
Starbucks' new CEO Brian Niccol, who led Chipotle's turnaround, will work remotely from California, flying to Seattle 1-2 days per week. Niccol's compensation includes $1.6 million base salary, $10 million signing bonus, and potential for millions more in annual performance-based pay, despite his private jet use conflicting with Starbucks' environmental initiatives. Starbucks has 39,000 stores and 450,000 employees worldwide, and requires employees to work 3 days per week in the office. Aviation..
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